News for hackers. Stuff that matters.

A comment on Guardian records first operating profit since 1998. Parent comment

Re:Guardian records first operating profit since 1998 by chrisseaton on Friday May 03, 2019 @11:13AM (#19819124)
I doubt that’s true for professionals working in central London.

Where would you live on that much money? You’ll spend your life and most of your money commuting!

[ Parent | on HN ]
Re:Guardian records first operating profit since 1998 by Joeboy on Friday May 03, 2019 @11:23AM (#19819217)
Live in Zone 3, spend maybe an hour and seven quid a day on the tube? London rents are outrageous, but not so outrageous you can't afford to live there on £50-57k.
[ Parent | on HN ]
Re:Guardian records first operating profit since 1998 by chrisseaton on Friday May 03, 2019 @11:31AM (#19819288)
You’re supposed to not spend more than three times your salary on your house, according to most lenders. So that’s £150k. Are there many houses that cheap in Zone 3?
[ Parent | on HN ]
Re:Guardian records first operating profit since 1998 by lostlogin on Friday May 03, 2019 @12:15PM (#19819679)
That 3x thing is laughable where I am in Auckland. I assume other places have it worse, unless their wages are much, much higher.
[ Parent | on HN ]
Re:Guardian records first operating profit since 1998 by Joeboy on Friday May 03, 2019 @11:38AM (#19819358)
No, you'd probably have to rent unless you can get a massive deposit from somewhere.
[ Parent | on HN ]
Re:Guardian records first operating profit since 1998 by vertex-four on Friday May 03, 2019 @12:20PM (#19819725)
The limit is about 4.5x, and that’s on top of any deposit you have saved.
[ Parent | on HN ]
Re:Guardian records first operating profit since 1998 by pledg on Friday May 03, 2019 @11:36AM (#19819336)
No, that's why a vast proportion of people can't afford to buy.
[ Parent | on HN ]
Re:Guardian records first operating profit since 1998 by pledg on Friday May 03, 2019 @11:34AM (#19819314)
That's exactly what happens.
[ Parent | on HN ]